Following robust financial year results, shares of SRG Global have surged as much as 4.9% to A$0.755.

This is the biggest intraday percent gain since May 10.

The diversified industrial services company reported an underlying FY23 EBITDA of A$80 million, marking a 40% increase from the previous year.

For FY24, it forecasts around a 20% EBITDA growth.

A fully franked dividend of 2 Australian cents per share has been declared for the second half.

SRG Global (ASX:SRG) shares reached their highest level since early August.

A total of about 760,881 shares were traded, which significantly surpassed the 30-day average volume of 547,212.

The year-to-date increase of the company’s stock is 4.4%, as of their last trading session.

SRG Global (ASX:SRG) is a diversified industrial services firm, known globally for its exceptional service and strong financial performance.